Accenture PLC $ACN Shares Acquired by Capital International Investors

Capital International Investors increased its holdings in shares of Accenture PLC (NYSE:ACN) by 41.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,128,134 shares of the information technology services provider’s stock after acquiring an additional 4,984,930 shares during the quarter. Capital International Investors owned approximately 2.60% of Accenture worth $4,223,839,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SkyView Investment Advisors LLC raised its position in shares of Accenture by 1.2% during the 2nd quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock worth $1,108,000 after purchasing an additional 43 shares during the period. Alpha Cubed Investments LLC boosted its position in Accenture by 6.4% during the 2nd quarter. Alpha Cubed Investments LLC now owns 744 shares of the information technology services provider’s stock valued at $222,000 after purchasing an additional 45 shares during the period. Councilmark Asset Management LLC increased its position in Accenture by 0.5% in the second quarter. Councilmark Asset Management LLC now owns 9,344 shares of the information technology services provider’s stock worth $2,793,000 after buying an additional 45 shares during the period. Investors Research Corp lifted its stake in Accenture by 73.8% in the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 45 shares during the last quarter. Finally, WP Advisors LLC lifted its stake in Accenture by 1.0% in the second quarter. WP Advisors LLC now owns 4,719 shares of the information technology services provider’s stock valued at $1,410,000 after buying an additional 46 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on ACN. Susquehanna increased their price objective on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Jefferies Financial Group upped their target price on shares of Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. HSBC raised their price target on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. UBS Group downgraded Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Accenture from $280.00 to $230.00 and set a “hold” rating for the company in a report on Friday. Sixteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, Accenture has an average rating of “Moderate Buy” and a consensus target price of $291.69.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 2,731 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the completion of the sale, the insider directly owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. This represents a 27.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the transaction, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This represents a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,088 shares of company stock worth $5,970,434 over the last three months. Company insiders own 0.02% of the company’s stock.

Accenture Price Performance

NYSE:ACN opened at $209.18 on Tuesday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $247.40 and its 200 day moving average price is $250.32. Accenture PLC has a 52-week low of $188.73 and a 52-week high of $339.90. The firm has a market cap of $128.77 billion, a P/E ratio of 17.29, a PEG ratio of 2.07 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same quarter last year, the firm posted $3.59 EPS. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.1%. Accenture’s payout ratio is 53.88%.

Accenture Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.